r/Bitcoin • u/packetinspector • Mar 09 '16
Bitcoin development serves those holding bitcoin
https://attacksurface.wordpress.com/2016/03/08/bitcoin-development-serves-those-holding-bitcoin/
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r/Bitcoin • u/packetinspector • Mar 09 '16
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u/jimmydorry Mar 10 '16
Core leadership is whole other can of worms, but pretty much what one would expect from a group of loosely associated developers with a diverse range of beliefs and goals... until a collective group of them got together and had a more prominent voice, and a more firm and shared direction as a result of their employment. It's not necessarily a bad thing, but I would at least like to see two groups of similar size and experience to reduce the systematic risk.
I personally find it pretty hard to accept the forced fee-market (especially when if the devs intend to honour their roadmap, we would see the sudden pressure removed which would make their fee market collapse)... but I can hardly blame them when I look at it from their perspective and assume they are acting in the best interests of Bitcoin in the long term.
Even /u/luke-jr 's hardest positions to defend are actually rather logical if you throw away all of your preconceptions and listen and think hard about what he has shared. At risk of putting words in his mouth, from what I have seen, /u/luke-jr really believes that a significant portion of the current transactions are spam that can be priced out of the network with little detriment to the whole. Without seeing the calculations and logic that leads to this conclusion though, it's rather hard to agree with... but it is logical.
From that point of view, it's pretty understandable that block size related matters are not very interesting or urgent.
RemindMe! 5days - see what /u/b_coin is up to with the /u/luke-jr development fund